viewBardoc Gold Ltd

Bardoc Gold results at North Kanowna Star highlight resource expansion potential

The volume of anomalous mineralisation intersected beneath the existing oxide resource suggests the potential for a large-scale gold system at North Kanowna Star.

Bardoc Gold Ltd - Bardoc Gold intersects broad gold zones in first pass drilling at North Kanowna star
RC drilling will resume this week with diamond drilling and geophysical targeting also planned

Bardoc Gold Ltd (ASX:BDC) has intersected broad zones of gold in first-pass reverse circulation (RC) drilling below the existing oxide resource at North Kanowna Star within the wider Bardoc Gold Project in Western Australia.

Results from the maiden 1,400-metre RC program highlight the potential to expand the resource, suggesting a possible large gold-hosting structure.

Assays include:

  • 4 metres at 4.44 g/t gold from 33 metres within a broader zone of 17 metres at 1.59 g/t from 26 metres;
  • 4 metres at 3.34 g/t from 32 metres within 16 metres at 1.29 g/t from 32 metres; and
  • 4 metres at 3.72 g/t from 85 metres within 14 metres at 1.68 g/t from 82 metres.

Results suggest “very fertile" system

Chief executive officer Robert Ryan said, “When we acquired North Kanowna Star last year, we had a very positive view on the potential upside at the project given that it had seen virtually no exploration over the past 15 years.

“That view has been firmly vindicated by these early results from a limited program of RC drilling completed prior to Christmas.

“This is the first time a focused exploration program has tested the extensions of the supergene mineralisation into fresh rock, and it has provided multiple mineralised intercepts – importantly within much broader zones of alternation and anomalous gold that suggests we have a very fertile gold system on our hands at North Kanowna Star.

“A follow-up program of RC drilling will start later this week to infill previously drilled sections.

“At the same time, we are planning diamond core drilling to help us gain a better idea of the structural controls in parallel with geophysics, to help determine where the source of the mineralisation may be.”

North Kanowna Star drill hole location plan

The scale of alteration intersected in the recent drilling, with widths of alteration up to 45 metres suggest that the system is large.

Bardoc believes encountering this volume of highly anomalous gold in first-pass drilling is an ‘outstanding’ success, reinforcing its focus on undertaking high-quality geological work that can lead to new discoveries and potential step-changes in understanding the mineralised systems.

Other notable intersections included 8 metres at 1.26 g/t from 132 metres and 4 metres at 2.23 g/t gold from 17 metres.

PFS expected this quarter

Ryan added that the company would continue to grow its satellite projects to ensure that any potential operation at the Bardoc Gold Project would have a long, sustainable life.

“Our pre-feasibility study based on the existing 3.02 million ounce resource is well advanced and will be released later this quarter.”

An RC rig will move to North Kanowna Star for extensional and follow-up drilling targeting a high-grade gold feeder system.

Geophysical work is being planned to better understand the location and influence of several deeper intrusive bodies at Mayday North and North Kanowna Star in order to develop a better understanding of their influence on the broader mineralising systems at each project.

Quick facts: Bardoc Gold Ltd

Price: 0.0475 AUD

Market: ASX
Market Cap: $66.3 m

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